House prices picked up in July according to Halifax

Latest Halifax House Price Index report – July 2018 released today headlines ‘Annual House Price Growth Rises to 3.3% in July’. The Halifax report reveals house prices in the three months to July 2018 were 3.3% higher than in the same three months a year earlier. On a monthly basis, prices rose by 1.4% in…

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House prices remain broadly flat according to Halifax

Latest Halifax House Price Index report released today headlines ‘Annual House Price Growth Remains Flat at 1.8% in June’. Russell Galley, Managing Director, Halifax, said: “House prices continue to remain broadly flat, with the annual rate of growth marginally slowing from 1.9% in May to 1.8% in June. “Activity levels, like house price growth, have…

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Halifax research reveals that average house prices in British seaside towns have increased by 21% in the past decade

Halifax research reveals that average house prices in British seaside towns have increased by 21% in the past decade – over £4,000 a year Sandbanks in Poole is Britain’s most expensive seaside town for the third year running, according to Halifax’s latest research. The second and third spots remain unchanged on last year with average…

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House prices rise 1.5% in May according to Halifax

Latest Halifax House Price Index – May 2018 headlines ‘Annual House Price Growth Softens to 1.9% in May.’ Halifax revealed that on a quarterly basis, house prices were up just 0.2% in the three months from April to May compared to the previous quarter. Annual inflation rate stood at 1.9%. On a monthly basis, prices…

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Halifax research reveals ‘Mortgage Freedom day’

Halifax research reveals that today homeowners have earned sufficient, on average, to cover their mortgage payment for the rest of 2018. This is based on the average annual mortgage repayment cost of £8,039 and the average net annual income of £27,724. Halifax also reveals that there is a wide variation in ‘Mortgage Freedom’ Days across…

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Annual house price growth slows according to Halifax

The latest Halifax House Price Index report – February 2018 released today headlines ‘Annual House Price Growth slows to 1.8%’ The report reveals that House prices in the three months to February 2018 were 1.8% higher than in the same three months a year earlier. Russell Galley, Managing Director, Halifax, said: “House prices continue to…

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Buying a home is cheaper than renting according to Halifax

The latest Halifax Buying vs. Renting Review found that the average cost including mortgage payment of buying a three-bed home in the UK was £679 a month in December 2017, compared to the average monthly rent of £754 for the same property type. New research from the Halifax reveals that first-time buyers are saving £27,000…

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Numbers of first-time buyers increase for 6th consecutive year according to latest halifax First-Time Buyer Review.

The latest Halifax First-Time Buyer Review released 27th January 2018 headlined ‘Number of first-time buyers highest since 2007 despite deposits doubling.’ The number of first-time buyers is estimated to have reached 359,000 in 2017, an increase for the sixth consecutive year, while those taking their first step on to the property ladder are putting down…

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